Income Taxes (Tables)

12 Months Ended

Sep. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Tax Expense (Benefit)

The provision for income tax expense (benefit) consists of the following:

	Fiscal Year Ended
	September 30, 2023		September 24, 2022		September 25, 2021
	(in thousands)
Current:
Federal	$	41,375	$	11,391	$	49,941
State	6,229		4,418		6,193
Foreign	997		2,297		645
Total	48,601		18,106		56,779
Deferred:
Federal	(10,339)		27,276		(14,740)
State	(2,547)		1,710		(690)
Foreign	633		(858)		686
Total	(12,253)		28,128		(14,744)
Total	$	36,348	$	46,234	$	42,035

Schedule of Reconciliation of the Statutory Federal Income Tax Rate to the Company's Effective Income Tax Rate

A reconciliation of the statutory federal income tax rate to the Company’s effective income tax rate is as follows:

	Fiscal Year Ended
	September 30, 2023		September 24, 2022		September 25, 2021
Statutory federal income tax rate	21.0	%	21.0	%	21.0	%
State income taxes, net of federal benefit	1.5		2.5		2.2
Other permanent differences	0.5		0.4		0.1
Adjustment of prior year accruals	(0.2)		0.2		(0.1)
Credits	(0.7)		(0.5)		(0.4)
Stock based compensation	(0.3)		(0.5)		(1.4)
Other	0.6		0.1		0.2
Effective income tax rate	22.4	%	23.2	%	21.6	%

Schedule of Tax Effect of Temporary Differences and Carryforwards which Give Rise to Deferred Tax Assets and Liabilities

The tax effect of temporary differences and carryforwards which give rise to deferred tax assets and liabilities are as follows:

	September 30, 2023				September 24, 2022
	Deferred Tax Assets		Deferred Tax Liabilities		Deferred Tax Assets		Deferred Tax Liabilities
	(in thousands)
Allowance for doubtful accounts	$	5,338	$	—	$	6,286	$	—
Inventory write-downs	18,230		—		14,413		—
Prepaid expenses			1,602		—		1,787
Nondeductible reserves	10,045		—		8,898		—
State taxes	181		—		—		279
Employee benefits	10,743		—		9,799		—
Depreciation and amortization			192,235		—		194,225
Equity earnings			653		—		564
State net operating loss carryforward	6,158		—		6,415		—
Stock based compensation	8,155		—		7,330		—
State credits	3,055		—		2,979		—
Other	5,389		—		966		—
Valuation allowance	(7,659)		—		(6,734)		—
Total	$	59,635	$	194,490	$	50,352	$	196,855

Schedule of Activity Related to Company's Unrecognized Tax Benefits

The following table summarizes the activity related to the Company’s unrecognized tax benefits for fiscal years ended September 30, 2023 and September 24, 2022:  

	(in thousands)
Balance as of September 25, 2021	$	342
Increases related to prior year tax positions	22
Increases related to current year tax positions	110
Decreases related to prior year tax positions	—
Settlements	—
Decreases related to lapse of statute of limitations	(92)
Balance as of September 24, 2022	$	382
Increases related to prior year tax positions	222
Increases related to current year tax positions	100
Decreases related to prior year tax positions	(10)
Settlements	(222)
Decreases related to lapse of statute of limitations	(81)
Balance as of September 30, 2023	$	391